Do you need to register for VAT? Have you heard of the VAT initiative scheme?

The VAT Initiative campaign is an opportunity for businesses to tell HMRC, between now and 30 September that they should be registered for VAT. The campaign is aimed at businesses that: have already passed, or are expecting to pass within the next 30 days, the current VAT threshold of £73,000. have passed the VAT threshold […]

Motoring Expenses; Did you know you have a choice?

If you are self employed and use your car for business purposes, you can either claim a fixed rate for each mile travelled on business (45p for the first 10,000 business miles and 25p thereafter in 2011/12) of you can claim the actual expenses. To do this you will need to keep accurate records of […]

Government are phasing out National Insurance number cards

If you are taking on a new employee they may not have a National Insurance Number Card.   Traditionally HM Revenue & Customs (HMRC) has notified individuals of their National Insurance number for the first time by sending them a plastic National Insurance number card.   Last year, it was announced that HMRC would stop […]

Class 2 National Insurance Contributions

Class 2 National Insurance Contributions (NICs) are payable by self employed people at a flat rate of £2.50 per week (2011/12), however, if your earnings are below £5315 you may be exempt from paying them or may make a claim for a small earnings exemption. If this applies, you may still wish to make voluntary […]

Working from Home? What can you claim?

You may have heard that HMRC allow £3 per week to be claimed for use of home as office. What many people don’t realise is that this is intended for people who do a small amount of admin work from home and was set to make administration easier. Self employed people have more scope in […]

We have moved!!!

We have finally moved into our new offices at the Adur Business Centre in Shoreham. It’s amazing how much stuff we had in our old office – all of it essential of course! We now have the space to spread out and there will be no problem with desk space for our fantastic team of […]

New services from Shore

New services announced! We’re delighted to launch Shore Accounting and Business Services brand new Trade Specialist websites! Designed to be flexible, simple and affordable, we are able to offer people working in various trades – such as the construction industry or hairdressing – a specialist service, tailored to meet their particular needs. For instance for […]